The RBI has doubled the UPI123Pay transaction limit to Rs 10,000 and increased the UPI Lite wallet limit to Rs 5,000.
UPI Lite was introduced as part of the framework issued by RBI for facilitating small value digital payments in offline mode ...
In the Monetary Policy Committee (MPC) meeting on Wednesday, the Reserve Bank of India (RBI) announced an increase in the ...
Having brought in over 400 million users into the digital payments fold in just about eight years, the ubiquitous Unified Payments Interface (UPI) now seems poised to stamp a global footprint.
For UPI123Pay, which was launched in March 2022, the RBI has enhanced the per-transaction limit to Rs 10,000 from Rs 5,000 ...
While Google Pay started merchant monetisation in 2019, it has not been as aggressive with acquiring merchants compared to ...
In a bid to boost digital transactions and financial inclusion in the country the Reserve Bank of India RBI has announced an increase in transaction limits f ...
The Reserve Bank of India has raised transaction limits for UPI, particularly for non-smartphone users, enhancing UPI123Pay's ...
For UPI 123Pay, the per-transaction limit has been raised to Rs 10,000 and UPI Lite users can now conduct up to Rs 1,000 ...
During the RBI MPC announcement, Shaktikanta Das announced increased UPI transaction limits for UPI123Pay and UPI Lite wallet ...
The central bank raised the transaction limits for two key UPI services—UPI 123Pay and UPI Lite—offering more convenience for ...